For SaleRisky Deal15 days on market
3078 Scarborough Rd
3078 Scarborough Rd, Cleveland Heights, OH 44118, Cleveland Heights, OH 44118
$349,900
Listing Price
3078 Scarborough Rd, Cleveland Heights, OH 44118
Loc: Cleveland Heights, OH
Days Listed
15
Tax Assessed
$292k
Lot Size
8,999 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Fairfax Elementary School
K-5
0.2 mi away
6
Roxboro Middle School
6-8
1.1 mi away
6
Cleveland Heights High School
9-12
0.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1920Gas, Radiator(s)Central Air2 Garage spaces8,999 sqft15 Days$128
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.73%
Total ROI
83.5%
Cash Flow
$-144/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-144/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Cleveland Heights
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $349,900 | $128 |
| 2026-04-23 | Listing removed | $299,900 | $109 |
| 2026-03-25 | Listed for sale | $299,900 | $109 |
| 2013-06-05 | Sold | $260,000 | $95 |
| 2013-04-07 | Listed for sale | $267,000 | $97 |
| 2008-06-18 | Sold | $262,000 | $96 |
| 2008-05-01 | Listed for sale | $282,500 | $103 |
| 2000-02-24 | Sold | $111,500 | $41 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,337.2 | $102,100 |
| 2024 | $8,517.76 | $102,100 |
| 2023 | $8,459.1 | $79,240 |
| 2022 | $8,415.64 | $79,240 |
| 2021 | $8,241.74 | $79,240 |
| 2020 | $8,137.56 | $70,740 |
| 2019 | $7,860.58 | $70,740 |
| 2018 | $7,804.48 | $70,740 |
| 2017 | $10,219.16 | $86,460 |
| 2016 | $9,666.46 | $86,460 |
| 2015 | $9,666.46 | $86,460 |
| 2014 | $5,711.94 | $50,680 |
| 2013 | $5,476.28 | $50,680 |
| 2012 | $5,053.36 | $50,680 |
| 2011 | $5,068.46 | $52,260 |
| 2010 | $4,730.58 | $52,260 |
| 2009 | $4,670 | $52,260 |
| 2008 | $4,384.62 | $51,600 |
| 2007 | $4,256.24 | $51,600 |
| 2006 | $3,937.9 | $51,600 |
| 2005 | $4,025.84 | $48,830 |
| 2004 | $4,001 | $48,830 |
| 2003 | $3,570.96 | $48,830 |
| 2002 | $3,340.98 | $42,220 |
| 2001 | $6,586.68 | $41,900 |
| 2000 | $6,112.1 | $39,030 |
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